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MNEs and exogenous pandemic shocks through COVID-19: from context to GVC agility

Author

Listed:
  • Gabriele, Suder
  • Meng, Bo
  • Yuning, Gao

Abstract

In International Business (IB), the discussion of COVID-19 related GVC models driving resilience has taken momentum since May 2020. This study opts for an integrative review to help create new knowledge through the conceptualisation of exogenous shock context with its succession to disruptive responses, leading to GVC impacts through country– and MNE- dependencies, with the residual impact determining the balance between Just-in-Time and Just-in-case that, if agile, allows alignment with context. To this effect, we examine the extant body of IB literature as current stock of collective IB knowledge, highlighting research avenues supporting further conceptualizing and theorizing of GVCs.

Suggested Citation

  • Gabriele, Suder & Meng, Bo & Yuning, Gao, 2021. "MNEs and exogenous pandemic shocks through COVID-19: from context to GVC agility," IDE Discussion Papers 820, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper820
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=52860&item_no=1&attribute_id=22&file_no=1
    File Function: First version, 2021
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    Citations

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    Cited by:

    1. Yuning Gao & Bo Meng & Gabriele Suder & Jiabai Ye & Yongping Sun, . "Making global value chains visible: Transnational corporations versus domestically owned firms," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    2. Jan Rymarczyk, 2022. "Transformation of Transnational Corporations’ Supply Chains as a Result of the Fourth Industrial Revolution and the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(9), pages 1-15, May.

    More about this item

    Keywords

    COVID-19 pandemic; Multinational Enterprise (MNE); global value chain; exogenous shock; supply chain vulnerability; resilience;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F6 - International Economics - - Economic Impacts of Globalization
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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